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U.S. SEC CRACKS DOWN ON AI-THEMED CRYPTO SCAMS, INVESTORS LOSE $14 MILLION
The U.S. Securities and Exchange Commission (SEC) has charged three crypto platforms and four investment firms, alleging they colluded to defraud retail investors of up to $14 million.
According to the complaint, the defendants used social media to lure investors into fake trading activities, while no real transactions actually took place.
#SEC #CryptoIndustry #InvestorProtection
According to the complaint, the defendants used social media to lure investors into fake trading activities, while no real transactions actually took place.
#SEC #CryptoIndustry #InvestorProtection
U.S. SEC CRACKS DOWN ON AI-THEMED CRYPTO SCAMS, INVESTORS LOSE $14 MILLION
The U.S. Securities and Exchange Commission (SEC) has charged three crypto platforms and four investment firms, alleging they colluded to defraud retail investors of up to $14 million.
According to the complaint, the defendants used social media to lure investors into fake trading activities, while no real transactions actually took place.
#SEC #CRYPTOINDUSTRY #InvestorProtection #BTC
$BTC
$H
The U.S. Securities and Exchange Commission (SEC) has charged three crypto platforms and four investment firms, alleging they colluded to defraud retail investors of up to $14 million.
According to the complaint, the defendants used social media to lure investors into fake trading activities, while no real transactions actually took place.
#SEC #CRYPTOINDUSTRY #InvestorProtection #BTC
$BTC
$H
SINCE OCTOBER 11, "MAHJI BROTHER" HAS BEEN LIQUIDATED 200 TIMES, WITH TOTAL LOSSES EXCEEDING $22.88 MILLION. THE MOST RECENT LIQUIDATION INVOLVED 10 LONG POSITIONS.
#CRYPTOINDUSTRY #liquidation #loss #BTC #TrumpTariffs
$BNB
$XRP
$SOL
#CRYPTOINDUSTRY #liquidation #loss #BTC #TrumpTariffs
$BNB
$XRP
$SOL
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๐ค CZ SPEAKS STRAIGHT AT BINANCE BLOCKCHAIN WEEK 2025
At the event, CZ shared quite honestly about the crypto industry:
Payments with crypto are still not 'finished'
Need to improve UX, comply with regulations, and connect with traditional finance
The DAT model (Decentralized โ Responsible โ Transparent) still holds,
๐ but governance & operations are what determine success or failure
๐ฎ Regarding the next cycle:
Web3 can only thrive if real products, real value are created
Don't chase short-term trends and then... disappear
The US easing regulations may unlock many new opportunities
Widespread adoption requires a clear legal framework + sufficiently good financial infrastructure
๐ฑ CZ's personal direction:
Focus on education, charity
Contribute to building a sustainable, long-term crypto ecosystem
โ ๏ธ This is CZ's perspective, not a price-pumping roadmap ๐ . Listen to understand the industry, but for investing, you still need to DYOR, folks.
#CZ #Binance #Web3 #CryptoIndustry #Blockchain
At the event, CZ shared quite honestly about the crypto industry:
Payments with crypto are still not 'finished'
Need to improve UX, comply with regulations, and connect with traditional finance
The DAT model (Decentralized โ Responsible โ Transparent) still holds,
๐ but governance & operations are what determine success or failure
๐ฎ Regarding the next cycle:
Web3 can only thrive if real products, real value are created
Don't chase short-term trends and then... disappear
The US easing regulations may unlock many new opportunities
Widespread adoption requires a clear legal framework + sufficiently good financial infrastructure
๐ฑ CZ's personal direction:
Focus on education, charity
Contribute to building a sustainable, long-term crypto ecosystem
โ ๏ธ This is CZ's perspective, not a price-pumping roadmap ๐ . Listen to understand the industry, but for investing, you still need to DYOR, folks.
#CZ #Binance #Web3 #CryptoIndustry #Blockchain
B
ASTER/USDC
Price
0.799
SINCE OCTOBER 11, "MAHJI BROTHER" HAS BEEN LIQUIDATED 200 TIMES, WITH TOTAL LOSSES EXCEEDING $22.88 MILLION. THE MOST RECENT LIQUIDATION INVOLVED 10 LONG POSITIONS.
#CryptoIndustry #Liquidation #Loss
#CryptoIndustry #Liquidation #Loss
$LUNC Drama Just Went NEXT LEVEL ๐ณ
Whatโs happening with Do Kwon right now might end up being one of the biggest reality checks in crypto history.
People think a plea deal automatically means a lighter sentence NOPE.
A judge can completely ignore it and hit with a sentence based on federal guidelines.
And when the max is *up to 40 years yeah, that tells you just how serious this whole situation really is. ๐ฌ
This isnโt just about one person itโs a wake-up call for the entire crypto space:
If your project shakes the whole ecosystem, accountability will find you.
The LUNA collapse shocked the industry once and this case is reminding everyone that regulatory hyeary can drop HARD when billions vanish.
Crypto community is tense, markets are watching closely
And honestly? It feels like an even bigger twist is coming next.** #LUNC #DoKwon #LunaCrash #CryptoNews #CryptoDrama #CryptoUpdate #LUNCCommunity #CryptoMarket #BlockchainNews #CryptoAlert #TerraLuna #CryptoRegulation #CryptoJustice #LUNCArmy #CRYPTOINDUSTRY #CryptoRealityCheck #BreakingCryptoNews #CryptoWarning $LUNA
Whatโs happening with Do Kwon right now might end up being one of the biggest reality checks in crypto history.
People think a plea deal automatically means a lighter sentence NOPE.
A judge can completely ignore it and hit with a sentence based on federal guidelines.
And when the max is *up to 40 years yeah, that tells you just how serious this whole situation really is. ๐ฌ
This isnโt just about one person itโs a wake-up call for the entire crypto space:
If your project shakes the whole ecosystem, accountability will find you.
The LUNA collapse shocked the industry once and this case is reminding everyone that regulatory hyeary can drop HARD when billions vanish.
Crypto community is tense, markets are watching closely
And honestly? It feels like an even bigger twist is coming next.** #LUNC #DoKwon #LunaCrash #CryptoNews #CryptoDrama #CryptoUpdate #LUNCCommunity #CryptoMarket #BlockchainNews #CryptoAlert #TerraLuna #CryptoRegulation #CryptoJustice #LUNCArmy #CRYPTOINDUSTRY #CryptoRealityCheck #BreakingCryptoNews #CryptoWarning $LUNA
๐ฃ Venture Capital Floodsย #Cryptoย Sector with $1B Afterย #Trumpโs Election!
Theย #cryptoindustry ย is experiencing a massive surge in venture capital funding, with over $1 billion raised since Trumpโsย #electionvictory. ๐ค
Is this a sign of renewed confidence in the sector, or the beginning of a new bull market? ๐๐ฅ
Whatโs your take on the connection between politics and crypto?ย
Follow and let me know below! ๐
#CryptoNews ย #VentureCapital ย #Trump ย #Blockchainย #BullMarket
Theย #cryptoindustry ย is experiencing a massive surge in venture capital funding, with over $1 billion raised since Trumpโsย #electionvictory. ๐ค
Is this a sign of renewed confidence in the sector, or the beginning of a new bull market? ๐๐ฅ
Whatโs your take on the connection between politics and crypto?ย
Follow and let me know below! ๐
#CryptoNews ย #VentureCapital ย #Trump ย #Blockchainย #BullMarket
๐ฉโ๐ผ Women in Crypto Earn More Than Men: ๐ฐ๐๐
The #crypto industry is breaking the traditional gender wage gap, with women earning 15% more than men based on median base salaries. ๐ธ๐ According to a Pantera Capital survey, this trend is driven by women's experience and mid-level to senior positions in the field. ๐ฉโ๐ผ๐ฉโ๐ง
#Women in crypto are lindy, meaning they've overcome hurdles and possess unobservable qualities like resilience and high competence. ๐ช๐ง This, combined with their time in the industry, results in higher pay. ๐ฐ๐
While more research is needed to understand the underlying factors, the crypto industry is setting a new standard for gender equity. ๐ฅ
#WomenInCrypto #cryptoindustry
The #crypto industry is breaking the traditional gender wage gap, with women earning 15% more than men based on median base salaries. ๐ธ๐ According to a Pantera Capital survey, this trend is driven by women's experience and mid-level to senior positions in the field. ๐ฉโ๐ผ๐ฉโ๐ง
#Women in crypto are lindy, meaning they've overcome hurdles and possess unobservable qualities like resilience and high competence. ๐ช๐ง This, combined with their time in the industry, results in higher pay. ๐ฐ๐
While more research is needed to understand the underlying factors, the crypto industry is setting a new standard for gender equity. ๐ฅ
#WomenInCrypto #cryptoindustry
#BitcoinWithTariffs
Bitcoin Mining Under Tariffs
The imposition of tariffs on mining equipment could significantly impact Bitcoin mining operations. Increased costs for hardware, such as ASIC miners, may lead to higher operational expenses for miners. This could result in reduced profit margins, potentially driving smaller miners out of business. Larger mining operations might also be affected, leading to consolidation in the industry. The impact on the Bitcoin network could include reduced hash rates and increased centralization. As the crypto industry adapts to these changes, miners and investors will need to navigate the new landscape and find ways to mitigate the effects of tariffs. #BitcoinMining #Tariffs #CRYPTOINDUSTRY
Bitcoin Mining Under Tariffs
The imposition of tariffs on mining equipment could significantly impact Bitcoin mining operations. Increased costs for hardware, such as ASIC miners, may lead to higher operational expenses for miners. This could result in reduced profit margins, potentially driving smaller miners out of business. Larger mining operations might also be affected, leading to consolidation in the industry. The impact on the Bitcoin network could include reduced hash rates and increased centralization. As the crypto industry adapts to these changes, miners and investors will need to navigate the new landscape and find ways to mitigate the effects of tariffs. #BitcoinMining #Tariffs #CRYPTOINDUSTRY
#MyCOSTrade
**๐จ MyCOSTrade Update: SEC Drops Lawsuit Against Binance ๐จ**
In a significant development, the U.S. Securities and Exchange Commission (SEC) has formally dropped its lawsuit against Binance and co-founder Changpeng Zhao. This decision follows a joint motion to dismiss the case filed in federal court in Washington, D.C., on May 29, 2025.
This move is seen as a positive step for the cryptocurrency industry, potentially paving the way for improved regulatory clarity and fostering a more favorable environment for crypto exchanges operating in the United States.
Stay tuned for more updates on this developing story and its implications for the broader crypto market.
#MyCOSTrade #CryptoNews๐๐ฐ๐ซ #Regulation #CRYPTOINDUSTRY
**๐จ MyCOSTrade Update: SEC Drops Lawsuit Against Binance ๐จ**
In a significant development, the U.S. Securities and Exchange Commission (SEC) has formally dropped its lawsuit against Binance and co-founder Changpeng Zhao. This decision follows a joint motion to dismiss the case filed in federal court in Washington, D.C., on May 29, 2025.
This move is seen as a positive step for the cryptocurrency industry, potentially paving the way for improved regulatory clarity and fostering a more favorable environment for crypto exchanges operating in the United States.
Stay tuned for more updates on this developing story and its implications for the broader crypto market.
#MyCOSTrade #CryptoNews๐๐ฐ๐ซ #Regulation #CRYPTOINDUSTRY
Senator Warren Slams #crypto Lobbying
U.S. Senator Elizabeth Warren has raised concerns about how the #CRYPTOINDUSTRY is trying to influence laws in its favor. She compared it to what happened before the 2008 financial crash. Warren agrees that rules for crypto are needed, but she doesnโt like how the industry is trying to write its own lawsโlike the 'Genius Act', which she says is a clear example. She also pointed out a past law from 2000 (the Commodity Futures Modernization Act) that may have played a role in causing the 2008 crisis.
U.S. Senator Elizabeth Warren has raised concerns about how the #CRYPTOINDUSTRY is trying to influence laws in its favor. She compared it to what happened before the 2008 financial crash. Warren agrees that rules for crypto are needed, but she doesnโt like how the industry is trying to write its own lawsโlike the 'Genius Act', which she says is a clear example. She also pointed out a past law from 2000 (the Commodity Futures Modernization Act) that may have played a role in causing the 2008 crisis.
Trump-Linked American Bitcoin to Go Public in $700M Merger Deal
๐บEric Trump, who coโfounded American Bitcoin Corp. earlier in 2025, is set to receive approximately 367โฏmillion shares of Gryphon Digital Mining Inc. through a stock-for-stock merger.
๐บWith Gryphon shares trading around $1 per share, that implies a paper value of about $367โฏmillion for his stake.
๐บHowever, a recent private share sale suggested a much lower valuation (~$0.25 per share), which would value his holdings closer to $92โฏmillion.
๐บ The combined company will operate under the American Bitcoin brand and list on the Nasdaq under ticker โABTCโ, likely by Q3 2025, pending regulatory approvals.
๐บHut 8 Corp., a Canada-based crypto infrastructure firm, owns 80% of American Bitcoin; Eric Trump and his brother Donald Jr. hold the remaining 20%.
๐บThe company is targeting consolidation, scale, and ambition: it's already mined over 200 BTC and has raised $220โฏmillion for expansion. It aims to control ~15% of U.S. mining capacity post-merger.
๐บThe merged entity will rank among the largest publicly listed Bitcoin miners in the U.S., with market cap projected over $700โฏmillion post-merger.
๐บBy consolidating mining facilities and infrastructure, it aims to reduce costs and boost operational efficiency.
๐บThe Trump familyโs name brings media attention and potential access to institutional capitalโbut also regulatory scrutiny. Analysts say this heightens both visibility and vulnerability
๐บ The potential $367โฏM value is based on public share prices; private valuations suggest it may be far less.
๐บRegulatory watch: With high-profile involvement and crypto consolidation in focus, SEC scrutiny could increase.
๐บIndustry consolidation: This merger reflects a broader trendโlarger crypto firms merging to boost efficiency and attract capital
#Bitcoin #CryptoNews #Blockchain #EricTrump #AmericanBitcoin #BTC #CryptoMarkets #Web3 #CryptoIndustry #SECProjectCrypto
๐บEric Trump, who coโfounded American Bitcoin Corp. earlier in 2025, is set to receive approximately 367โฏmillion shares of Gryphon Digital Mining Inc. through a stock-for-stock merger.
๐บWith Gryphon shares trading around $1 per share, that implies a paper value of about $367โฏmillion for his stake.
๐บHowever, a recent private share sale suggested a much lower valuation (~$0.25 per share), which would value his holdings closer to $92โฏmillion.
๐บ The combined company will operate under the American Bitcoin brand and list on the Nasdaq under ticker โABTCโ, likely by Q3 2025, pending regulatory approvals.
๐บHut 8 Corp., a Canada-based crypto infrastructure firm, owns 80% of American Bitcoin; Eric Trump and his brother Donald Jr. hold the remaining 20%.
๐บThe company is targeting consolidation, scale, and ambition: it's already mined over 200 BTC and has raised $220โฏmillion for expansion. It aims to control ~15% of U.S. mining capacity post-merger.
๐บThe merged entity will rank among the largest publicly listed Bitcoin miners in the U.S., with market cap projected over $700โฏmillion post-merger.
๐บBy consolidating mining facilities and infrastructure, it aims to reduce costs and boost operational efficiency.
๐บThe Trump familyโs name brings media attention and potential access to institutional capitalโbut also regulatory scrutiny. Analysts say this heightens both visibility and vulnerability
๐บ The potential $367โฏM value is based on public share prices; private valuations suggest it may be far less.
๐บRegulatory watch: With high-profile involvement and crypto consolidation in focus, SEC scrutiny could increase.
๐บIndustry consolidation: This merger reflects a broader trendโlarger crypto firms merging to boost efficiency and attract capital
#Bitcoin #CryptoNews #Blockchain #EricTrump #AmericanBitcoin #BTC #CryptoMarkets #Web3 #CryptoIndustry #SECProjectCrypto
World Liberty Financial, the Trump familyโs crypto firm, announced that tech company ALT5 Sigma will sell $1.5B in shares to buy $WLFI coins. World Liberty will get ALT5 shares in return, with Eric Trump joining its board. The deal mirrors trends of public companies amassing crypto holdings to boost value.
#WorldLibertyFinancial #TrumpCrypto #WLFI #ALT5Sigma #CryptoNews #BitcoinTrend #CryptoInvestment #Blockchain #DigitalCurrency #CryptoMarket #CryptoDeal #TrumpFamily #CryptoBusiness #CryptoPartnership #CryptoIndustry
#WorldLibertyFinancial #TrumpCrypto #WLFI #ALT5Sigma #CryptoNews #BitcoinTrend #CryptoInvestment #Blockchain #DigitalCurrency #CryptoMarket #CryptoDeal #TrumpFamily #CryptoBusiness #CryptoPartnership #CryptoIndustry
Bitcoin Miner Debt Surges 500% as Hashrate Race Heats Up
โ๏ธ Bitcoin miners are digging deep โ literally and financially.
New reports show miner debt up 500% year-over-year as firms upgrade equipment for the coming hashrate arms race.
The next halving is approaching, and only the most efficient will survive. The question isnโt who mines more โ itโs who mines smarter.
#Bitcoin #Mining #Halving2025 #CryptoIndustry #MarketPullback $BTC
$ETH $BNB
โ๏ธ Bitcoin miners are digging deep โ literally and financially.
New reports show miner debt up 500% year-over-year as firms upgrade equipment for the coming hashrate arms race.
The next halving is approaching, and only the most efficient will survive. The question isnโt who mines more โ itโs who mines smarter.
#Bitcoin #Mining #Halving2025 #CryptoIndustry #MarketPullback $BTC
$ETH $BNB
๐จ Crypto Update๐จ
Just In.
Statue of Binance Founder, is set to be unveiled in Washington, D.C., reportedly standing 14 feet tall and placed outside the U.S. Capitol building. The tribute comes shortly after CZโs pardon by Donald Trump and has been funded by anonymous crypto-enthusiast donors.
$BNB
The organizers say the statue will feature CZโs iconic โfour-fingerโ gesture symbolizing his motto of โIgnore FUDโ, and will be either gifted to him or auctioned for charity after the presentation.
The installation is still unconfirmed by official authorities but has drawn attention across crypto media for its bold public display.
#cryptonews #Binance #CryptoCulture #cryptoindustry #cryptocommunity
Just In.
Statue of Binance Founder, is set to be unveiled in Washington, D.C., reportedly standing 14 feet tall and placed outside the U.S. Capitol building. The tribute comes shortly after CZโs pardon by Donald Trump and has been funded by anonymous crypto-enthusiast donors.
$BNB
The organizers say the statue will feature CZโs iconic โfour-fingerโ gesture symbolizing his motto of โIgnore FUDโ, and will be either gifted to him or auctioned for charity after the presentation.
The installation is still unconfirmed by official authorities but has drawn attention across crypto media for its bold public display.
#cryptonews #Binance #CryptoCulture #cryptoindustry #cryptocommunity
#whitehouse ๐
๐ป๐๐Chainlink's Nazarov on White House Crypto Summit๐
๐ป๐น๐ฏ
After attending the White House Digital Summit, Chainlink Co-founder Sergey Nazarov says the Trump administration is committed to ensuring that the crypto industry will no longer be persecuted and be allowed to properly develop. He speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto." (Source: Bloomberg)
#Bloomberg #Chainlink #CRYPTOINDUSTRY #admin
$TRUMP
After attending the White House Digital Summit, Chainlink Co-founder Sergey Nazarov says the Trump administration is committed to ensuring that the crypto industry will no longer be persecuted and be allowed to properly develop. He speaks with Sonali Basak and Tim Stenovec on "Bloomberg Crypto." (Source: Bloomberg)
#Bloomberg #Chainlink #CRYPTOINDUSTRY #admin
$TRUMP
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Europe vs USA: Who Will Lead the Crypto Industry?
The struggle for leadership in the crypto industry between Europe and the USA is intensifying. Europe gained an advantage thanks to the MiCA law passed in 2023, which created transparent regulation for 27 EU countries. Clear rules for stablecoins and exchanges, effective from 2024, attract investors and businesses, strengthening the EU's position.
๐ฐ High-Profile Crypto Deaths: What We Know
3 Billionaires, 3 Sudden Deaths, 1 Industry
How 3 Crypto Billionaires Were Erased For Standing Against Govt. โ
In recent years, the cryptocurrency community has been shaken by the unexpected deaths of several influential figures. These events have left many questioning the circumstances surrounding their passings. While speculation abounds, itโs essential to approach these topics with sensitivity and a commitment to factual reporting.
1. Tiantian Kullander (30) โ Co-founder of Amber Group
Tiantian Kullander, known as โTT,โ was a visionary in the crypto space. As the co-founder of Amber Group, a leading digital asset platform, he played a pivotal role in bridging traditional finance with cryptocurrencies.
His sudden death in his sleep on November 23, 2022, was a profound shock to the industry. Amber Group confirmed his passing, stating:
โIt is with the deepest sadness and a heavy heart that we inform you of the passing of our friend and co-founder, Tiantian Kullander, who passed away unexpectedly in his sleep on November 23, 2022.โ
2. Vyacheslav Taran (53) โ Founder of Libertex and Forex Club
Vyacheslav Taran was a prominent Russian entrepreneur and the founder of Libertex and Forex Club, platforms that significantly contributed to online trading development.
On November 25, 2022, Taran tragically died in a helicopter crash in France. He was the sole passenger on a flight from Lausanne to Monaco.
The crash occurred in clear weather conditions, leading to widespread speculation. However, no official confirmation of foul play has been made, and investigations are ongoing.
3. Nikolai Mushegian (29) โ Early MakerDAO Developer
Nikolai Mushegian was an early developer for MakerDAO, the decentralized autonomous organization behind the DAI stablecoin.
In October 2022, Mushegian was found dead in Puerto Rico. Before his death, he had tweeted concerning messages alleging threats from various organizations.
His passing raised numerous questions within the crypto community. However, investigations have not substantiated claims of foul play, and the official cause of death remains undetermined.
Reflecting on the Impact
The untimely deaths of these individuals have left an indelible mark on the cryptocurrency industry. Each contributed significantly to the growth and development of the crypto ecosystem.
While the circumstances surrounding their passings are varied and complex, itโs crucial to honor their legacies by continuing to build upon the foundations they laid.
๐ Moving Forward with Integrity
As members of the crypto community, itโs our responsibility to approach such sensitive topics with respect and a commitment to truth.
While itโs natural to seek answers, we must rely on verified information and avoid spreading unsubstantiated claims.
Let us remember these individuals not just for their untimely departures, but for their contributions to a decentralized future.
Note: This article aims to provide a balanced perspective on the recent deaths of prominent figures in the cryptocurrency industry. It is based on available information and seeks to honor their memories respectfully.
๐ธ Follow for tech, business, and market insights
#CryptoNews #CryptoIndustry #CryptoLeaders #BitcoinEcosystem #CryptoFacts
How 3 Crypto Billionaires Were Erased For Standing Against Govt. โ
In recent years, the cryptocurrency community has been shaken by the unexpected deaths of several influential figures. These events have left many questioning the circumstances surrounding their passings. While speculation abounds, itโs essential to approach these topics with sensitivity and a commitment to factual reporting.
1. Tiantian Kullander (30) โ Co-founder of Amber Group
Tiantian Kullander, known as โTT,โ was a visionary in the crypto space. As the co-founder of Amber Group, a leading digital asset platform, he played a pivotal role in bridging traditional finance with cryptocurrencies.
His sudden death in his sleep on November 23, 2022, was a profound shock to the industry. Amber Group confirmed his passing, stating:
โIt is with the deepest sadness and a heavy heart that we inform you of the passing of our friend and co-founder, Tiantian Kullander, who passed away unexpectedly in his sleep on November 23, 2022.โ
2. Vyacheslav Taran (53) โ Founder of Libertex and Forex Club
Vyacheslav Taran was a prominent Russian entrepreneur and the founder of Libertex and Forex Club, platforms that significantly contributed to online trading development.
On November 25, 2022, Taran tragically died in a helicopter crash in France. He was the sole passenger on a flight from Lausanne to Monaco.
The crash occurred in clear weather conditions, leading to widespread speculation. However, no official confirmation of foul play has been made, and investigations are ongoing.
3. Nikolai Mushegian (29) โ Early MakerDAO Developer
Nikolai Mushegian was an early developer for MakerDAO, the decentralized autonomous organization behind the DAI stablecoin.
In October 2022, Mushegian was found dead in Puerto Rico. Before his death, he had tweeted concerning messages alleging threats from various organizations.
His passing raised numerous questions within the crypto community. However, investigations have not substantiated claims of foul play, and the official cause of death remains undetermined.
Reflecting on the Impact
The untimely deaths of these individuals have left an indelible mark on the cryptocurrency industry. Each contributed significantly to the growth and development of the crypto ecosystem.
While the circumstances surrounding their passings are varied and complex, itโs crucial to honor their legacies by continuing to build upon the foundations they laid.
๐ Moving Forward with Integrity
As members of the crypto community, itโs our responsibility to approach such sensitive topics with respect and a commitment to truth.
While itโs natural to seek answers, we must rely on verified information and avoid spreading unsubstantiated claims.
Let us remember these individuals not just for their untimely departures, but for their contributions to a decentralized future.
Note: This article aims to provide a balanced perspective on the recent deaths of prominent figures in the cryptocurrency industry. It is based on available information and seeks to honor their memories respectfully.
๐ธ Follow for tech, business, and market insights
#CryptoNews #CryptoIndustry #CryptoLeaders #BitcoinEcosystem #CryptoFacts
See original
โญ The cost of Bitcoin mining is getting "expensive"
According to the latest data, the average cost to produce 1 $BTC of public miners is rising:
Cash cost: ~74,600 USD
Total cost (including depreciation & SBC): ~137,800 USD
While the current price is $BTC around: ~91.68K USD
With a hashrate exceeding 1 ZH/s, the competition is "not joking," squeezing the profit margins of mining.
๐ฅ The mining industry is splitting into 2 schools of thought:
A group transforming into infrastructure providers
Reusing mining data centers to run AI/HPC workloads โ where profits are "much tastier."
A group still doing traditional mining
Continuing to compete in a high-cost environment โ profits as thin as a hair.
โก๏ธ In summary: mining $BTC is no longer a "money printer," but more like a long-distance runโฆ but with extra weights.
๐คก "This article only summarizes the mining situation โ it does not encourage you to turn your washing machine into a mining rig. I am not responsible if the neighbors lose power!" โก๐
#BitcoinMining #CryptoIndustry #BTCInsights #MiningCosts #Hashrate
According to the latest data, the average cost to produce 1 $BTC of public miners is rising:
Cash cost: ~74,600 USD
Total cost (including depreciation & SBC): ~137,800 USD
While the current price is $BTC around: ~91.68K USD
With a hashrate exceeding 1 ZH/s, the competition is "not joking," squeezing the profit margins of mining.
๐ฅ The mining industry is splitting into 2 schools of thought:
A group transforming into infrastructure providers
Reusing mining data centers to run AI/HPC workloads โ where profits are "much tastier."
A group still doing traditional mining
Continuing to compete in a high-cost environment โ profits as thin as a hair.
โก๏ธ In summary: mining $BTC is no longer a "money printer," but more like a long-distance runโฆ but with extra weights.
๐คก "This article only summarizes the mining situation โ it does not encourage you to turn your washing machine into a mining rig. I am not responsible if the neighbors lose power!" โก๐
#BitcoinMining #CryptoIndustry #BTCInsights #MiningCosts #Hashrate
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